Video: Peter Schiff Schools Them On CNBC's Fast Money
Submitted by dropthescales on Thu, 11/20/2008 - 17:54
He just schooled those idiots and they FINALLY acknowledged on NATIONAL tv in BIG BOLD LETTERS that Peter Schiff called the collapse that we are seeing in '07!
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The Peter Schiff video
The Peter Schiff video has been removed for violating the terms of use;(AKA: telling then truth)
Dollar rules
I doubt if the dollar would just fall like that. The dollar is strong. If the euro experiences what the dollar has experienced, I am not sure it would still exist.
Rami
make money online
Rami
make money online
You're....
obviously new here.....
Outlook for the Gold Market
gold was priced in dollars, it's traded in dollars and so we all look at it as the dollar price, and the fact that gold has not made a new high in dollars during this economic crisis has led some to believe that maybe it's lost its luster, it's not a safe haven. But this rise of the dollar is very suspicious to me, I don't think it's justified. But it's been the unlikely beneficiary of all the problems.
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Raaj
Make Money
The excuses brought up by these educated morons…
…represents the foolish ideas Americans are constantly presented.
Nobody seems to want to think for himself anymore.
--Cliff, Sioux City, Iowa
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My reasoning sounds pretty reasonable to me.
Secret key to happiness: Stay happy. Shhh!
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Like the title states...
Like the title states...He is schooling them!
He should make them raise their hands before taking their question.
.
Stop disrupting class baldy... neeuck neuck neuckk.. lol..
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Too bad, he is righ on about many things, but DEAD WRONG
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
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with his inflation call. It's really too bad.
Just my opinions.
government of the people, by the people, for the people
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he's right...
timing just off a bit. he didn't expect such a huge deleveraging or these bailouts...hyperinflation is coming.
His timing is not off as far as you might think..
The adverse results of government interference haven’t begun to show up.
--Cliff, Sioux City, Iowa
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My reasoning sounds pretty reasonable to me.
Secret key to happiness: Stay happy. Shhh!
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I think he shoulda ended
I think he shoulda ended with, "...and I been dead on so STFU and recognize BIOTCH!!!"
"I tremble for my country when I reflect that God is just, that His justice cannot sleep forever." - Thomas Jefferson
"But, indeed, no private person has a right to complain, by suit in court, on the ground of a breach of the Constitution. The Constitution it is true, is a compact, but he is not a party to it."
Same Channel... Idiots gang up on guest for mentioning PPT
Watch this on CNBC, guest mentions PPT (Plunge Protection Team - an actual government working group - http://en.wikipedia.org/wiki/Executive_Order_12631) and commentators pretend they never heard of the working group and accused him of conspiracy theories.
http://www.youtube.com/watch?v=X06kz9dzXho
WTF?! These guys report the financial news everyday... and they never heard of the PPT!? What's in it for them... or GE?
R3VOLUTION - Secret Crowds
Schiff Dominated
Wow! Superb performance. Schiff dominated the court.
ac
liberty yields harmony; tyrany yields chaos
liberty yields harmony; tyrany yields chaos
who the fuck is that bald asshole?
what did he say?
"at least we pretend to be free market guys"......?
is that what i heard under his breath as peter took the conversation back over at one point?
is that really a rational worth paying for on major tv networks?
holy shit i'd shoot myself if i had hired that shit.
BALD ASSHOLE
is Jeff Macke. Here is his bio, but he is still a bald fucking stupid asshole!
Jeff Macke is a founder and president of Macke Asset Management (MAM). He has been a professional investor for the last 10 years and ran a successful hedge fund from 1999-2004. Macke contributes to CNBC's "Fast Money" and is also the West Coast editor and a contributor to financial web site Minyanville.com.
Prior to running money, Macke worked and consulted for a wide variety of Fortune 500 retailers. He is currently on the board of directors for Duckwall-Alco.
Macke earned a master’s of business administration from Stanford University Graduate School of Business and a bachelor’s degree from Dartmouth College.
beephree
Bald guy doesn't get it and takes it out on Schiff
That bald idiot doesn't seem to understand that forced liquidity is what's causing the dollar to rally. He seems to determine climate by fathoming the weather of the day.
p schiff on cnbc
he really looks like he's lecturing them!
thanks for posting.
I pledge, do you?
agreed...
...but a few raised their eyebrows in enlightenment.....
he's such a wiz in presenting the truth, simply.
Gold has spiked up $35 in 4
Gold has spiked up $35 in 4 hours.
What if, what if.........
Our man Ron Paul would have won the race, and he had this dude at his side to tame the economy and put the fundamentals back in order. These Wall Street creeps are still living in a fantasy world of denial. Either they just don't get it, or they get it alright, but don't want to give up on the "party 'till you puke" attitude. I said it all along, if the Ron Paul campaign would have organized his "advisory staff" and started naming names of people he would be using, the opponents would have had to invetigate and question. This would have led to much awareness and eductation. Actually, now it's a little disheartening to hear all the comments about Ron Paul or Peter Schiff being "right all along". We're just left with "what if?"
alan laney
He did
I saw press releases naming Schiff and Napolitano as cabinet members back in the day. There were a couple more I cant think of.
"Obamney care," Nuff said.
we all need to be in one location
i live in Indianapolis, IN and i'm sick of being surrounded by idiots. i'd like to open up my front door for once and have my neighbor say "hey Big Naughty did you catch that article on Lew Rockwell yesterday about the Federal Reserve?"
i'm hoping they can hold this phony economy together long enough for me to make the move to New Hampshire next fall. i don't want to be stuck here with all these morons who think Obama is going to wave a magic wand and fix everything.
No matter who you vote for, the government always gets in - Bill Hicks
I agree with you
I live just 2 hours from you in southern indiana and for the first time that I can remember my county is mostly democrat and praising Obama like he is some sort of savior. What a bunch of morons.
_________________________
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dumb morons...
as others here have commented, it's amazing that such dumb morons are giving financial news - but that represents how intentionally dumbed down Americans are. The bald guy calling China 'communist' while 90% of our manufactured goods have been sent over there by our corporations/gov't and while our banks are nationalised and our country is bankrupt financially, morally, partiotically, etc. He should be clubbed for being so dumb.
Also, check out Bob Chapman and Robby Noel for other good money men.
USA is dead.
someone please tell me ....
did you notice the bit around 1:15 where one of the commentators said "other than that Mr. Lincoln, how did you like the play?!" - what's that supposed to mean? What exactly are they insinuating?
Lincoln took on the bankers and he got himself assassinated - Peter is noted for not being a fan of the Federal Reserve - what's gives?
Or am i just reading too much into this?
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“The Roots of Violence: Wealth without work, Pleasure without conscience, Knowledge without character, Commerce without morality, Science without humanity, Worship without sacrific
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"The essence of freedom is the proper limitation of government". ~ Founding Fathers
That is a famous
comment and simply means Peter is pointing out the doom and gloom without much glimmer of hope.
beephree
thanks herbrp
i didn't get the reference
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“The Roots of Violence: Wealth without work, Pleasure without conscience, Knowledge without character, Commerce without morality, Science without humanity, Worship without sacrific
----------------------------------
"The essence of freedom is the proper limitation of government". ~ Founding Fathers
You are welcom Rhonda15!
Did you see interview with Peter on Bloomberg on 10/28? Two parts and solid information, once again leaving the MSM clones dumbfounded.
beephree
Well, that is about as much
Well, that is about as much good talking time I have ever seen them give ole Peter without horribly trying to step all over him and cut him off.
Peter Shiff...
He is AWESOME!!!!! Peter should have bitch slapped each and every one of them! Except the girl of course.